Cobra's Market View

ES Dec

pop to 4296.75 and then drop?
(just guessing - not on system

MNQ nasdaq e-mini struggling today

we've had a little bounce so maybe we'll go down to test YL 4482

For trade with cats
https://www.tradingview.com/wall-of-love/

Perhaps a brief spike to 4050 + area at announcement and then drop
-if 75bpts or talk of higher terminal rate?.

No resistance above 4050 area but probably lots of stops to be run,

Headline CPI came hotter than expected rising 0.1% MoM vs expectations of -0.1% MoM. That is the 27th straight month of rising inflation.Perhaps more notably, Core CPI was dramatically hotter than expected rising 0.6% MoM (vs +0.3% exp)

1:32 PM 2021-12-15
push 2 to a higher ?

30 min chart

8:17 AM 2021-12-15 30 min ES Dec 2021 chart neutral awaiting FOMC could take out both levels (eg. take out high before moving lower or vice-versa) levels 4625.25 and 4651.75 9:37 AM 2021-12-15 4625.25 taken out - stop running. up and down until FOMC My read on roller-coaster: Very high PPI yesterday...

'm not update on my model so I've been winging it.

in any case I think we could have a sell point here. (mulitday)
3286 was/is a key level.

we'v had
3289.50
3291.75
and just recently
3299 @ 13:20

So I think that is done and will sell on this bounce 13:30CT

just for fun:
govt buy ramp to start about 13:10 (CT)

RTH rng of 190.75 has meet the model's target and with 2542.75 a little above the est HOD of 2532.75, that should give HOD in place for today. Countering this a US Govt buying ramp (manipulation). This would be a good day to do it for them as the Powell flop of ZIRP has failed and bailing out commer...

This is a 30 minute chart

This s an 8 min chart:

Hi everyone, Fro several years I have been in perpetual crash alert mode - so I only trade the short side, as I believe the brokers won't honour stop-losses. So since I only trade short when my model says it will an up day - as it did fro today I don't trade, so I have a moment to post. If I use the...

be careful about US govt drect manipulation today - buying ramp.

expecting zig-zag day.

nibbling short side with micro.

selling little bounces with stop in place.

no big bets today.

The trading seems very slow - I guess the algos have gone to bed.

could be dangerous govt buy prgs to rip your head off so be careful.

IB has suspended intraday margins - so double the usual.

previous post died with an internal server error...

anywho, had two micros short last night but closed them before the -5% halt.
now -7% daytime halt

I can't see USgovt not stepping in at 2:25pm (CT?) to prevent a one trade and -13% freeze.

panic would really beyond taking heads to dig out...